Another hope-rally in midcaps but how different is this?
Updated : July 04, 2019 10:51 AM IST
After a spectacular 2017, the midcap space has gone through a bear market for almost two years now.
As of now, over 70 percent of the broader market stocks trade well below their 200-day moving average.
But, if you see data for the last fortnight, the midcap index has returned more than double of the Nifty.